HIROTEC Announces Plans to Build Facility in Tennessee

HIROTEC America announced this week that the company will invest $40 million and create over 100 new jobs over the next three years with the construction of a new manufacturing facility in Fayetteville, Elk Valley Times reports. The company is an automotive Tier 1 supplier specializing in manufacturing tooling. The Fayetteville facility will focus on part production capacity. The manufacturing plant will be built in the Runway Centre Industrial Park, a Select Tennessee Certified Site. The article notes the value of these certified sites for Tennessee communities, "businesses have committed to invest more than $1.6 billion and create nearly 6,900 jobs among 18 projects on Select Tennessee Certified Sites."

          | TBA Law Blog